Now Mattel accuses MGA boss of hiding money

The latest twist in Bratz case sees Mattel accuse MGA's boss of fraudulently moving money.
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Mattel has filed a lawsuit alleging that MGA Entertainment fraudulently transferred hundreds of millions of dollars to keep Mattel from collecting on a judgment.

The lawsuit alleges that MGA's high profile chief executive, Isaac Larian, and his family members, received $430 million between 2004 and 2008 to keep the money from MGA's creditors, including Mattel.

Susan Hale, a spokeswoman for MGA, says similar claims were dismissed in federal court.

The lawsuit is the latest court instalment in an epic litigation over who owns the Bratz line of dolls.

An appeals court recently overturned a 2008 verdict that awarded Mattel $100 million and ownership of the doll line. A retrial begins in January.


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Copyrights Group

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The Copyrights Group is one of the licensing arms within The Vivendi Group. Acquired by Vivendi in 2016 Copyrights manages the licensing for a portfolio of properties to include Paddington Bear. Some of the other companies within the Vivendi Group include Universal Music Group, and their licensing arm Bravado, Gameloft and Studiocanal to name a few.